MG-Tec estimates €110 mln worth of business in 2008

One of the main companies in the group is Metalicplas Impex, specialized in processing laminated wires, with a 47 percent ratio in the company’s business. The company has invested €8 million in a production line in the central Romanian town of Dej, in Cluj County.

“The group’s development will continue in the coming 12 months,” Tecar added, with a €26 million investment in new equipment for tissue paper production at the group’s PerhartTec company.